📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine
Crypto Market Pre-Market Analysis
Volatility Index — CBOE VIX
14.2% Low
Bitcoin (BTC)
Strong Bearish62,975.59
-0.67%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (51.7)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Short-term trend damage is confirmed below the 20-day SMA (63,944). The path of least resistance points lower until this level is recovered. RSI at 52 holds above the 50-line, confirming the bullish directional bias without yet reaching overbought extremes. MACD validates the bearish lean: histogram below zero and expanding in negative territory. The impulse leg is to the downside. The model's top pick is Long Put (96%) — the optimal structure given current trend, momentum, and volatility readings.
Support / Resistance
Support57,747.77
Resistance66,910.06
Moving Averages
21-day SMA63,961.42
50-day SMA63,450.78
100-day SMA67,040.87
200-day SMA69,501.58
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 51.7 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
Volume Analysis
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Confluence
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 66,910.06 |
| 23.6% | 64,747.76 |
| 38.2% | 63,410.07 |
| 50.0% | 62,328.91 |
| 61.8% | 61,247.76 |
| 78.6% | 59,708.50 |
| Low (100.0%) | 57,747.77 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 68,101.16 |
| Ext 1.272 (Up) | 69,402.21 |
| Ext 1.618 (Up) | 72,572.36 |
| Ext 1.13 (Dn) | 56,556.67 |
| Ext 1.272 (Dn) | 55,255.62 |
| Ext 1.618 (Dn) | 52,085.47 |
Trade Setup
Entry
62,975.59
Stop Loss
63,626.80
Take Profit
61,673.19
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put96%
Buy OTM Put
Put Ratio Backspread96%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread93%
Buy Put + Sell lower Put
Ethereum (ETH)
Neutral1,880.65
-0.18%
Intraday
Bearish
Daily
Neutral
Weekly
Bullish
Monthly
Bearish
RSI (54.8)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Beneath the 20-day moving average (1,892), the tape is in distribution mode. Sellers control the structure. The oscillator at 55 reflects sustained buying interest — bulls control the momentum channel. The MACD reading is bearish — histogram below zero and expanding, suggesting selling pressure has momentum behind it. Thin participation (0.7x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support1,510.51
Resistance1,976.46
Moving Averages
21-day SMA1,891.31
50-day SMA1,824.09
100-day SMA1,879.47
200-day SMA2,024.07
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 54.8 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Confluence
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 1,976.46 |
| 23.6% | 1,866.49 |
| 38.2% | 1,798.47 |
| 50.0% | 1,743.48 |
| 61.8% | 1,688.50 |
| 78.6% | 1,610.22 |
| Low (100.0%) | 1,510.51 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 2,037.03 |
| Ext 1.272 (Up) | 2,103.20 |
| Ext 1.618 (Up) | 2,264.42 |
| Ext 1.13 (Dn) | 1,449.93 |
| Ext 1.272 (Dn) | 1,383.77 |
| Ext 1.618 (Dn) | 1,222.55 |
Trade Setup
Entry
1,880.65
Stop Loss
1,859.55
Take Profit
1,922.84
Risk / Reward
2.0
Neutral
Top Options Strategies
Calendar Spread93%
Sell near-term + Buy far-term (same strike)
Iron Condor64%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread64%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
Market Search Previews
Key Takeaway
Track institutional BTC ETF flow data against derivatives open interest growth for macro-driven allocation cues.
Free Daily Analysis
Get Pre-Market & Post-Market Setups Every Day
Options Engine signals for NIFTY, S&P 500, DAX, Forex & 10+ global markets — completely free.
Explore Shunya.Trade →⚠ Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice. Options trading involves significant risk of loss. Past performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.